DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Lubricant Additives Market - Segmented by Lubricant Type, By Function, By Application, and Geography - Trends and Forecasts (2015-2020)" report to their offering.
The Global Lubricant Additives Market is projected to reach USD 16.75 billion by 2020, at a CAGR of more than 3.41% during the forecast period.
Growing global automotive industry, the rapid industrialization in BRIC nations, and the global emphasis on environmental protection resulting in the implementing of stringent regulations regarding greenhouse gas emissions, have lent momentum to the global lubricant additives market.
On the flip-side, volatility in the prices of single additives, the high price of synthetic & bio-based lubricants, increasing number of automobile manufacturers focusing on engine downsizing, and the extended oil change intervals in machinery and automobiles will act as roadblocks for growth of the Global Lubricant Additives market.
North America dominates the Global Lubricant Additives market, owing to the huge demand from aerospace sector in the country. It is expected to dominate the market for the next five years and is expected to be the fastest growing market during the forecast period. US accounts for the highest market share by country. Asia-Pacific holds the second highest share in the market and is expected to grow considerably during the forecast period.
- Afton Chemical Corporation
- BASF SE
- BRB International BV
- Chemtura Corp.
- Chevron Corp.
- Croda Lubricants
- DOG Chemie
- Dorf Ketal
- Dover Chemical
- Eni S.p.A.
- Evonik Industries AG
- Infineum International Limited
- Jinzhou Kangtai Lubricant Additives Co. Ltd.
- King Industries Inc.
- Multisol Group
- R.T. Vanderbilt Holding Company
- Rhein Chemie Additives
- Shepherd Chemical Company
- The Elco Corporation
- The Lubrizol Corporation
- Tianhe Chemicals Co.
Wuxi South Petroleum Additive Co.
Key Topics Covered:
2. Executive Summary
3. Global Lubricant Additives Market
4. Market Dynamics
5. Market Segmentation and Analysis
6. Regional Analysis
7. Future of Lubricant Additives Market
8. Competitive Landscape
9. Company Profiles
For more information visit http://www.researchandmarkets.com/research/s9hc62/global_lubricant